Retention and SOVRetention and SOV

You can indicate retention rates on the Project Setup and/or Pay Application document. You can also set a system-wide default retention rate through the SOVConfig | SOVRetention rule. These rates

Adding Change Order Items to SOV Application WorksheetAdding Change Order Items to SOV Application Worksheet

You can add information from Change Orders to your Application worksheet. A Change Order must contain billable revenue, and this revenue must be posted before it can be added to

SOV Changes from Pay RequestsSOV Changes from Pay Requests

If you have SOV lines created from Commitments on the Application worksheet, brought in through either the Copy In worksheet or Change Orders, you can edit those lines through corresponding

Project Summary FormProject Summary Form

The Project Summary form (which is the same as the SOV Print form without the printing functionality) allows you to review the data related to this Application for payment, edit

Selecting or Changing the Pay Application Print Template (PAPT)Selecting or Changing the Pay Application Print Template (PAPT)

Before you can print your SOV application, you must have a Pay Application Print Template (PAPT). This may have been created for you during installation and implementation. For information on

SOV Print FormSOV Print Form

The SOV Print Form is the Project Summary for with the print section enabled. Using the print section of the form, you can select whom to address to from a

Acquiring/Assigning an Invoice NumberAcquiring/Assigning an Invoice Number

Integrated with an Accounting System If your site is integrated with an accounting system such as Microsoft Dynamics SL or with Acumatica Cloud ERP, you can choose to acquire an

Prepare SOV Workbook for Final BillingPrepare SOV Workbook for Final Billing

Throughout the course of your project, you can create, open, and update your SOV workbook as many times as necessary. When it is time for final billing, you can use

Retention and Sales TaxRetention and Sales Tax

You can choose to release retention at final billing or at a later date. During the final billing process, the calculation of sales tax (if any) becomes more complex because

Saving and Exporting Data – SOV WorkbookSaving and Exporting Data – SOV Workbook

At any time you can save your SOV workbook. The process of saving has been modified to save only the data related to changes. The same is true if you